Inverse Head And Shoulders Reversal For Cemex (CX)

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By Andy Swan | Published 05/6/2008 | Stocks | Unrated

Inverse Head And Shoulders Reversal For Cemex (CX)

Since last July Cemex (CX) has been selling off. Within the last two months, CX broke its downtrend and looks to be creating an inverse Head and Shoulders reversal. This reversal indicates CX should climb to 36 upon an upside move through 30 on heavy volume. Keep CX on your radar and profit from the global growth story.

Andy Swan is co-founder and head trader for DaytradeTeam.com. To get all of Andy's day trading, swing trading, and options trading alerts in real time, subscribe to a one-week, all-inclusive trial membership to DaytradeTeam by clicking here.

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